US equities open in chop mode, leaning on the downward side. VIX is churning the 26/25s. WTIC printed $41.72… with background chatter from the house of Saud… threatening the shorts.
sp’60min
VIX’60min
Summary
Well… opening chop… and whilst we’re currently leaning on the weak side, an upward swing could be expected, not least from 11am onward… for what is Quadruple Witching.
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notable stock: TSLA
The s/t speculative buyers continue to pile in.
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notable Dow component: MSFT
Yesterday’s hollow red reversal candle has already played out.
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notable stock: AMD
Early options… in the Oct’ $85 CALLS.
Major Zen’3 announcement due Oct’8th
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notable miner: KGC
Kinross Gold raises production outlook, and agrees to start paying dividends again. Upgraded by Scotiabank 9.50>11.00. A good little miner, although the more conservative will lean to NEM and GOLD.